# Boels Rental acquires Cramo

Boels Rental successfully completed its acquisition of Cramo, with 93.04% of Cramo shares tendered. The combined company becomes a leading player in the European construction equipment rental market, with over 7,000 employees and 750 branches in 17 countries.

- Type: Acquisition
- Announced: 2020-02-05
- Jobs: 7,000
- Status: completed
- Products: construction equipment rental
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Boels Rental](https://endata.com/companies/29004.md) (acquirer)
- [Cramo](https://endata.com/companies/36309.md) (target)

## Sources

- [at.marketscreener.com](https://at.marketscreener.com/boerse-nachrichten/nachrichten/OTS-Boels-Rental-Boels-ubernimmt-Cramo-Eine-tragfahige-Basis-fur--29943871/), 2020-02-05: "Cramo ist jetzt offiziell Teil der Boels Rental."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.